Stock: Weight Watchers (WTW)
Long or Short: Long
Reason for Trade: A lot of accumulation at the lows here in WTW. If it can Clear $42.50, we will be off to the races, and likely run to $45, with an ultimate target of $50
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Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>